Turning Point Brands (TPB) Work In Process (2020 - 2024)
Turning Point Brands (TPB) posted quarterly Work In Process of $37.8 million for Q3 2024, down 28.78% YoY from $53.0 million in Q4 2023, and down 9.28% sequentially from $41.6 million in Q2 2024.
Turning Point Brands (TPB) Work In Process (2020 - 2024) Analysis & Trends
Turning Point Brands has disclosed Work In Process across 5 years of filings, most recently posting $37.8 million for Q3 2024.
- In Q3 2024, Work In Process fell 28.78% year-over-year to $37.8 million; the TTM figure through Sep 2024 stood at $37.8 million (down 28.78% YoY), while the FY2023 annual figure was $34.9 million, down 19.72% from the prior year.
- Work In Process declined to $37.8 million in Q3 2024, from $41.6 million in the prior quarter.
- Over the last five years, Work In Process for TPB reached as high as $55.8 million in Q2 2023 and fell as low as $32.9 million in Q4 2020.
- The 5-year median for Work In Process is $41.5 million (2024), against an average of $42.5 million.
- Annual changes were most pronounced in 2022 — Work In Process climbed 21.18% — and 2024, when it retreated 28.78%.
- A 5-year view of Work In Process shows it stood at $32.9 million in 2020, then increased by 8.96% to $35.9 million in 2021, then gained by 21.08% to $43.5 million in 2022, then slipped by 19.72% to $34.9 million in 2023, then gained by 8.22% to $37.8 million in 2024.
- According to Business Quant data, Work In Process over the past three periods registered $37.8 million, $41.6 million, and $41.5 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 37.76 Mn |
| Jun 30, 2024 | 41.62 Mn |
| Mar 31, 2024 | 41.46 Mn |
| Dec 31, 2023 | 34.89 Mn |
| Sep 30, 2023 | 53.02 Mn |
| Jun 30, 2023 | 55.79 Mn |
| Mar 31, 2023 | 40.13 Mn |
| Dec 31, 2022 | 43.47 Mn |
| Sep 30, 2022 | 46.23 Mn |
| Jun 30, 2022 | 49.16 Mn |
| Mar 31, 2022 | 47.73 Mn |
| Dec 31, 2021 | 35.90 Mn |
| Sep 30, 2021 | 38.15 Mn |
| Jun 30, 2021 | 40.78 Mn |
| Mar 31, 2021 | 41.71 Mn |
| Dec 31, 2020 | 32.95 Mn |